Samsung forecasts Q3 operating profit of 107.4 trillion won on AI memory demand surge
AI Market Summary
Samsung projected record quarterly operating profit on a near ninefold y/y jump as AI-driven memory demand tightens DRAM/NAND and high-bandwidth memory supply, reinforcing the view of a prolonged cycle with elevated utilization and pricing power. The outlook supports broader AI hardware and semiconductor sentiment, though management flagged risks from rising costs, Chinese competition, FX headwinds, and potential US semiconductor tariffs.
Impact level
● High
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NCSKSAMSUNG2USD/USDT-2.44%
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▲ Bullish
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Samsung Electronics said on Oct 8 it expects third-quarter operating profit to reach 107.4 trillion won, nearly nine times higher than a year earlier and slightly above market expectations. The company forecast revenue rising 127% to 195 trillion won. Samsung said booming AI chip demand drove strong memory-chip sales, and it and Micron expect the supply-demand imbalance to persist into 2028. It also flagged longer-term risks including rising costs, competition from China and potential U.S. semiconductor tariffs.
